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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Monday, September 28, 2026

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insurtech-vesttoo-cuts-staff-by-75-shuts-down-asian-operations-following-fake-letters-of-credit-crisis-report
Insurtech Vesttoo cuts staff by 75%, shuts down Asian operations following fake letters of credit crisis: report
August 2 2023
In the wake of the US$4bn credit letter scandal, the insurtech said it was taking measures to reduce costs and focus on core services.
sp-global-ratings-reports-stable-credit-trends-but-potential-risks-for-apac-insurance-sector
S&P reports stable credit trends, but highlights potential risks for APAC insurance sector
August 2 2023
In its midyear outlook, S&P said 90% of evaluated insurers have a stable outlook, but need to be vigilant to navigate dynamic market conditions.
major-japanese-insurers-under-further-scrutiny-for-price-fixing-report
Major Japanese insurers face further scrutiny over price fixing: report
August 2 2023
In June, the FSA instructed major Japanese insurers to investigate "cartel" behaviour over contracts supplied to railway operator Tokyu; the latest report suggests price fixing could be a more widespread...
Shielding Asia Pacs future- The rise of parametric insurance and its battle against natures wrath
Shielding Asia Pac's future: The rise of parametric insurance and its battle against nature's wrath
August 2 2023
Demand for parametric insurance is increasing, but challenges remain.
chubb-appoints-chris-gough-as-head-of-pc-asia-and-hayden-baker-as-head-of-pc-anz
Chubb appoints Chris Gough as Head of P&C, Asia and Hayden Baker as Head of P&C, ANZ
August 2 2023
Both appointments are internal promotions - Gough has been with Chubb for over a decade, while Baker has spent five years with the company.
singapores-great-eastern-in-advanced-talks-for-multi-million-dollar-acquisition-of-ammetlife-malaysia-report
Singapore's Great Eastern in advanced talks for multi-million dollar acquisition of AmMetLife, Malaysia: report
August 2 2023
According to insiders, the deal could be advanced and valued between US$250m-$300m.
danny-la-moves-to-generali-gcc-from-swiss-re-1
Danny La moves to Generali GC&C from Swiss Re
August 2 2023
La spent 3 years at Swiss Re and joins Generali Corporate & Commercial as their new Head of Strategic Initiatives & Business Transformation, Asia.
korea-limits-insurers-ability-to-restate-accounts-under-ifrs-17
Korea limits insurers’ ability to restate accounts under IFRS 17
August 1 2023
The FSS has restricted insurers' ability to restate profits and directed that restatements should only be used in exceptional circumstances.
amit-agarwal-appointed-ceo-of-howden-india-former-ceo-nominated-as-chairman
Amit Agarwal appointed CEO of Howden India; former CEO nominated as Chairman
August 1 2023
Agarwal has been with Howden since 2017 and is promoted from his position of Managing Director, with current CEO Praveen Vashista stepping into the role of Chairman.
iis-welcomes-new-asia-based-executives-to-the-executive-council
IIS welcomes new Asia-based executives to Executive Council
August 1 2023
12 insurance executives, including four from Asia, have been added to the International Insurance Society (IIS) Executive Council effective August 1st.
axa-xls-shirley-kwok-promoted-to-head-of-marine-cargo-north-asia
AXA XL's Shirley Kwok promoted to Head of Marine Cargo, North Asia
August 1 2023
Kwok is promoted from her position of Senior Underwriter, with AXA XL simultaneously announcing that Gary Tin has also been promoted.
australian-regulator-demands-financial-institutions-including-insurers-disclose-compensation-structures
Australian regulator demands financial institutions, including insurers, disclose compensation structures
August 1 2023
APRA made the rule change based on findings from Australia's Financial Services Royal Commission.
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25 September